Federal Reserve Aims to Reduce Home-Mortgage Disadvantage With Treasuries Federal Reserve officials are focused
on driving down the spreads between U.S. Treasury yields and
consumer and corporate loans, after cutting the main interest
rate to almost zero failed to revive lending.
Gold May Advance for Eighth Year as Investors Seek the `Perfect Insurance' Gold, the best-performing metal in
2008, may appreciate for an eighth year as investors seek a
refuge from declining interest rates at the same time that
central banks inject more cash into the banking system.
Byron Wien Forecasts 33% Gain in S&P This Year, Rallies in Crude Oil, Gold Byron Wien, the investment strategist
who predicted a recession would drive U.S. stocks lower last
year, says the Standard & Poor’s 500 Index will rebound 33
percent in 2009 as the economy recovers.